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Hubei Dinglong Co (SZSE:300054) Days Payable : 76.27 (As of Sep. 2024)


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What is Hubei Dinglong Co Days Payable?

Hubei Dinglong Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥390 Mil. Hubei Dinglong Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥466 Mil. Hence, Hubei Dinglong Co's Days Payable for the three months ended in Sep. 2024 was 76.27.

The historical rank and industry rank for Hubei Dinglong Co's Days Payable or its related term are showing as below:

SZSE:300054' s Days Payable Range Over the Past 10 Years
Min: 49.12   Med: 53.58   Max: 73.16
Current: 73.16

During the past 13 years, Hubei Dinglong Co's highest Days Payable was 73.16. The lowest was 49.12. And the median was 53.58.

SZSE:300054's Days Payable is ranked better than
60.88% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs SZSE:300054: 73.16

Hubei Dinglong Co's Days Payable increased from Sep. 2023 (72.29) to Sep. 2024 (76.27). It may suggest that Hubei Dinglong Co delayed paying its suppliers.


Hubei Dinglong Co Days Payable Historical Data

The historical data trend for Hubei Dinglong Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hubei Dinglong Co Days Payable Chart

Hubei Dinglong Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.75 49.12 50.95 59.66 69.12

Hubei Dinglong Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.29 63.78 77.85 75.04 76.27

Competitive Comparison of Hubei Dinglong Co's Days Payable

For the Specialty Chemicals subindustry, Hubei Dinglong Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hubei Dinglong Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hubei Dinglong Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hubei Dinglong Co's Days Payable falls into.



Hubei Dinglong Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Hubei Dinglong Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (296.159 + 340.81) / 2 ) / 1681.716*365
=318.4845 / 1681.716*365
=69.12

Hubei Dinglong Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (387.648 + 392.072) / 2 ) / 466.429*365 / 4
=389.86 / 466.429*365 / 4
=76.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hubei Dinglong Co Days Payable Related Terms

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Hubei Dinglong Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Dongjing River Road, Wuhan Economic and Technological Development Zone, Hubei Province, Wuhan, CHN, 430057
Hubei Dinglong Co Ltd is engaged in producing and supplying imaging chemicals used in electronic displays in China. It designs, develops and manufactures imaging materials for both toner and ink products. The company also offers Charge Control Agents (CCA), colorants and special pigments for both the imaging industry and automotive producers. The products of the company are chemical prepared toner, charge control agent for toner, colorants for inkjet, dispersion and emulsion, plastic colorants, toner cartridges, chemical mechanical polishing pad, among others.
Executives
Tian Kai Jun Supervisors
Yang Bo Director
Xiao Gui Lin Executives
Huang Jin Hui Executives
Yao Hong Directors, executives
Su Min Guang Director
Yang Ping Cai Directors, Directors, and Executives
Jiang Meng Juan Supervisors
Cheng Yong Directors, Directors, and Executives
Zhu Shuang Quan Director
Zhu Shun Quan Directors, executives
Ou Yang Yan Directors, executives
Liang Jue Directors, executives
Lan Ze Guan Executives
Dai Yuan Zheng Supervisors

Hubei Dinglong Co Headlines

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